Renewal conversion is a valuable metric that measures whether a resident renews their lease. Simply, it is a lease that converts into a renewal. And based on economic factors, renewal rates can vary wildly from one metro to the next. But looking at the national level, resident retention has been trending upward for more than read more
With tremendous job growth and surprisingly moderate apartment construction (by Texas standards, at least), Houston’s apartment market continues to put up impressive numbers. In fact, Houston notched long-term highs in both occupancy in and in rent growth read more
The Charlotte apartment market turned in an impressive apartment rent growth performance during Q2 2014 thanks to meaningful growth in every product niche and across all neighborhoods.
The biggest part of the story behind why overall apartment occupancy reached a seven-year high was the rising occupancy at existing – primarily middle-market – inventory in just a handful of metros. Here are the 10 metros read more